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theStunbox t1_j2dyyba wrote

This is a horrible idea.

I have employees. The whole world works the way it does because people (employees) like shiny new things and look down on others who don't have them. If my employees didn't have bills I wouldn't have employees.

Sad but true

6

VisualMod t1_j2dxmfn wrote

>I think that everyone should focus more on buying stocks instead of the things you listed. Stocks are a much better investment than any of those other things and will help you grow your wealth over time.

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isaackirkland t1_j2dy10x wrote

I can see you are very highly regarded!

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Robstacc t1_j2e04gx wrote

Okay thanks for investing in the stock market….. annddddddd it’s gone

2

Zenyatta123 OP t1_j2e4hnh wrote

Il be gone faster than speed of light that's for sure

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VisualMod t1_j2dxlv3 wrote

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1

Not_Sure_68 t1_j2e17yh wrote

Stocks have historically done very poorly in a rising rate + high inflationary environment. Though people are well trained to "buy the dips" it hasn't always worked out well. I personally think a policy of capital preservation may well trump equities for years to come as fiat currencies around the world are rapidly debased. This will become more obvious to Americans when the fed inevitably "pivots" and returns to their typical policy of easy liquidity.

I mean sure the fed is pretending like raising rates is going to "fix" the economy just as they pretended price inflation is transitory, but it doesn't take a rocket surgeon to see through these lies. Until interest rates are sustainably well above the rate of price inflation, I see no reason to conclude that equity markets should outperform tangible goods. ...and no I don't suggest buying the latest iphone piece of crap or some new sneakers.

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PBib818 t1_j2e1grn wrote

Hi regard

What do you think makes stocks go up? Idk maybe the desire of people to buy that fancy new phone, shoes or go on vacation

Let this be a lesson Never go full regard!

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Zenyatta123 OP t1_j2e2mug wrote

Yes, We should let intelligent people buy the vacation and the fancy phone and have piling debt.

As a regard I'll keep buying stocks till the dumpster hit.

1